R12: AP: Too Much Discount Taken On Payments. User Expects 1% Discount and Getting 2% Instead. (Doc ID 2956756.1)

Last updated on JUNE 21, 2023

Applies to:

Symptoms

Payment processing is taking 2% discount on invoices that are only supposed to be 1%.

Invoice created with payment term "1% 20 NET 30".  But, amount paid is 2% of the invoice amount instead of 1% of the invoice amount.

Steps to reproduce:

1. Log into Oracle Applications using Payables responsibility.
2. Open the Invoice Workbench
   (N) Invoice >  Entry > Invoices
3. Create a new standard Invoice and assign payment term "1% 20 NET 30" to it.
4. Pay the Invoice with a Payment Process Request (PPR).

Changes

Cause

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